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Determine Ending Inventory Cost by (A) FIFO Method, (B) LIFO

Question 73

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65 units at $6 each  Purchase  September 555 units at $8 each  Purchase  September 1344 units at $10 each  Purchase  September 2970 units  Ending Inventory  September 30\begin{array}{lll}65 \text { units at } \$ 6 \text { each } & \text { Purchase } & \text { September } 5 \\55 \text { units at } \$ 8 \text { each } & \text { Purchase } & \text { September } 13 \\44 \text { units at } \$ 10 \text { each } & \text { Purchase } & \text { September } 29 \\70 \text { units } & \text { Ending Inventory } & \text { September } 30\end{array} Determine ending inventory cost by (a) FIFO method, (b) LIFO method, and (c) average cost method.

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